Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.

Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.

The Brazilian Government of Luiz Inácio Lula da Silva, in charge of the rotating presidency of the BRICS bloc, announced Friday that Nigeria, Africa's fourth-largest economy, was joining the alliance as a full member.

The Kazan Declaration 2024 indicates that the BRICS countries can trade directly in their own currencies. The declaration states, “We reiterate our commitment to enhancing financial cooperation within BRICS […] We welcome the use of local currencies in ...

Nigeria has officially joined the economic bloc as its ninth partner state Brazil has announced Africas fourth-largest economy a

the Beijing-led BRICS was set up as a force to rival Western dominance on the international stage. The alliance's 16th annual summit in Kazan saw Egypt, Ethiopia, Iran and the United Arab ...

Brazil took over as the President of BRICS (Brazil, Russia, India, China, and South Africa), marking a significant point in the bloc's | The Eastern Herald | News Today, Breaking News, World News & BR

BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.

The decision to apply for membership reflects President Prabowo Subianto’s more proactive approach to foreign policy.